Asia

China's overseas direct investment is estimated to soar 40 percent to a record $189 billion in 2016 from the previous year, according to a study released by the US consultancy Rhodium Group and Berlin-based Mercatur Institute for China ...

The World Bank on Tuesday kept its forecast for China's economic growth rate for 2017 unchanged at 6.5 percent, saying that the economy will continue sustainable growth as it is rebalancing from manufacturing to services, despite reemerging ...

China and the European Union (EU) have gone through a bittersweet year in economy in 2016, stumbling over issues, such as the anti-dumping regime and &quot;analogue country,&quot; while continuously advancing in trade, investment and strategic ...

Despite the global economic slowdown and tougher competition to attract capital, Shanghai attracted $18.5 billion in overseas investment in 2016, marking the 17th consecutive year of growth.
According to official figures released by ...

China's direct investment in the U.S. is expected to grow fast in 2017, but political realties pose major downside risk to it, according to a research report by a U.S. consulting firm.
Chinese companies invested a record of 45.6 ...

China's manufacturing activity expanded for a fifth month in December.
The manufacturing Purchasing Managers' Index (PMI) came in at 51.4 in December, lower than 51.7 in November and staying above the 50-point boom-bust line for the ...

The yuan's so-called psychological threshold of 7 to the US dollar is not so important for the Chinese economy, analysts said on Thursday, after the central bank rejected an &quot;irresponsible&quot; media report that the yuan had fallen below that ...

The Communist Party of China (CPC) Friday specified major tasks for the economic work in 2017, including further advancing supply-side structural reform.
The country should push forward reforms in key sectors, including state-owned ...

China's consumer price index (CPI), a main gauge of inflation, grew 2.3 percent year on year in November, up from October's 2.1 percent, the National Bureau of Statistics (NBS) announced Friday.
On a month-on-month basis, the CPI rose ...

China's producer price index (PPI), which measures costs for goods at the factory gate, beat market expectations to reach a five-year high in November, official data showed Friday.
The reading rose 3.3 percent year on year, the highest ...

The central parity rate of the Chinese currency renminbi, or the yuan, weakened 241 basis points to 6.8972 against the U.S. dollar Friday, according to the China Foreign Exchange Trading System.
In China's spot foreign exchange market, ...

China's foreign exchange reserves shrank for a fourth straight month in October, the central bank said Monday.
The world's largest currency hoard fell to 3.12 trillion U.S. dollars last month, down 45.7 billion dollars from September, ...

As both exports and imports failed to meet early forecasts, China foreign trade decreased to 2.05 trillion yuan (US$307.2 billion) in October, down 0.6 percent from the same period last year, Customs data showed on Tuesday.
China's ...

Chinese civilian airport market is now fully accessible to private capital as the national aviation authority issues a sweeping rights-granting guideline Sunday.
The Civil Aviation Administration of China (CAAC) rolled out the red ...